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Centerbridge
Centerbridge Partners is a multi-strategy private investment firm focused on leveraged buyouts and distressed securities. The firm manages over $32 billion of assetsBidding company with participation by Advent International and Centerbridge Partners announces intention to launch Bloomberg, November 23, 2021. and is based in , with an additional office in [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Gallogly
Mark T. Gallogly (born 1957) is an American investor with a background in political and civic engagement. He co-founded and served as Managing Principal of the private investment firm Centerbridge Partners, until his retirement in 2020. Under the Obama Administration, he served on two Presidential advisory councils. Early life and education Gallogly was born on January 18, 1957, in Providence, RI to Florence E. (Giblin) Gallogly and Edward P. Gallogly. Gallogly is the eighth of eleven children. His parents were each the children of Irish immigrants and were first-generation college graduates. Gallogly’s father served as Lieutenant Governor of Rhode Island, United States Attorney for the District of Rhode Island and Chief Judge of the Rhode Island Family Court. Gallogly graduated with honors from the University of Notre Dame in 1979. As an undergraduate, he also studied at Sophia University in Tokyo. He received an MBA from Columbia Business School in 1986. Career Manufacturer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeff Aronson
Jeffrey Aronson is an American businessman and philanthropist. He co-founded the private investment firm Centerbridge Partners in 2005 with Mark T. Gallogly. Education Aronson attended Johns Hopkins University and graduated with honors in 1980. As a student at Johns Hopkins University, he was involved in student government and fraternity affairs. Aronson received his J.D. from New York University School of Law in 1983. Career Aronson began his career as a securities attorney with the law firm of Stroock & Stroock & Lavan. Later, he served as a Senior Corporate Counsel at L.F. Rothschild. Aronson is a former Partner at Angelo, Gordon & Co. and served as head of its distressed investments and leveraged loans business. Joining the firm in 1989, he was the portfolio manager for the distressed securities funds from 1992 until 2005. Aronson also founded Angelo, Gordon’s leveraged loan business in 1998 and served as a portfolio manager for the firm’s leveraged loan funds. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Wolf Resorts
Great Wolf Resorts (formerly known as Great Wolf Lodge) is a chain of indoor water parks. The company owns and operates its family resorts under the Great Wolf Lodge brand. In addition to a water park, each resort features restaurants, arcades, spas, and children's activities. Great Wolf Resorts is headquartered in Chicago, Illinois. History Great Wolf Lodge began as a small indoor water park resort called Black Wolf Lodge which was founded in 1997 by brothers Jack and Andrew "Turk" Waterman, the original owners of Noah's Ark Water Park in Wisconsin Dells, Wisconsin. Black Wolf Lodge was purchased by The Great Lakes Companies Inc in 1999. In 2000, president and founderCraig A. Stark and the team changed the name to Great Wolf Lodge and the company headquarters were established in Madison, Wisconsin. In 2001, the company built a second location in Sandusky, Ohio, and named it Great Bear Lodge. When a third location opened in 2003, the decision was made to place all future parks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suzlon
Suzlon Energy Limited (NSE:SUZLONEQ, BSE:532667) is an Indian multinational wind turbine manufacturer based in Pune, India. It was formerly ranked by MAKE as the world's fifth largest wind turbine supplier.Source: MAKE Report: Global Wind Turbine OEM 2013 Market Share. History In 1995, founder Tulsi Tanti was managing a 20-employee textile company. Due to the erratic availability of power locally, and its rising costs, the highest business expenditure after the raw materials was electricity. The cost of electricity also offset any profits made by the company. After providing electricity for his own company, Tanti moved into wind energy production as a way to secure the textile company's energy needs, and founded Suzlon Energy. Suzlon adopted a business model wherein clients would be responsible for 25% of the up-front capital investment and Suzlon would arrange the remaining 75% on loan. Initially, banks were hesitant to fund loans for this model, but by 2008, many Indian ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senvion SE
Senvion S.A. (called REpower Systems SE until 2014) was a German wind turbine manufacturer founded in 2001 in Germany, majority owned by a private equity firm. Senvion as REpower Systems, as it was initially called, was established in 2001 through the merger of German wind companies: HSW (Husumer Schiffswerft), the engineering consultancy Pro+Pro (a subsidery of Denker&Wulf and aerodyn Energiesysteme GmbH), the wind turbine manufacturer BWU and Jacobs Energie; and since April 2015 Centerbridge Partners. It was under the ownership of Suzlon, an India wind turbine manufacturer, from 2007 to 2015. With equipment pricing under pressure due to auctions, Senvion filed for insolvency in German courts in early April 2019. Senvion sold its 9 GW European service fleet to Siemens Gamesa in October 2019. A Saudi Arabia company acquired the India division of Senvion in 2021. See also * Hallett Wind Farm * Hoosier Wind Farm * List of offshore wind farms * List of wind turbine manufa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FreshDirect
FreshDirect is an American online grocery company and among the first enterprises to sell and deliver perishable foods to consumers without maintaining a retail operation. Established in New York City, the company serves the New York metropolitan region as well as parts of Central New Jersey, Southern Connecticut, and Eastern Long Island. As of 2022, FreshDirect serves about 21 counties in the New York tristate area. FreshDirect custom-packages groceries and meals using just-in-time manufacturing, a practice that reduces waste, and improves quality and freshness. The company offers its services via a website and mobile app. The company was an early proponent of the move towards food sustainability and rapidly grew in popularity by catering to an urban, socially-conscious consumer. FreshDirect focuses on reducing the time it takes for food to move from its source to the end user by buying directly from farms, emphasizing organic food and locally grown items. FreshDirect also sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extended Stay Hotels
Extended Stay America, Inc., headquartered in Charlotte, North Carolina, is the operator of an economy apartment hotel chain in the United States and Canada. As of December 31, 2019, the company owned and operated 557 hotel properties consisting of approximately 61,900 rooms and franchised or managed 73 hotel properties consisting of approximately 7,500 rooms. Prior to June 2021, when the company was acquired by Blackstone Real Estate and the Starwood Capital Group, it was publicly traded as a "paired share" with ESH Hospitality, Inc., a real estate investment trust and the owner of the hotels. As of 2022, there are 650+ Extended Stay America branded hotels. Extended Stay America was founded on January 9, 1995 in Fort Lauderdale, Florida by George D. Johnson, Jr. and Wayne Huizenga, both former executives from Viacom and its subsidiary Blockbuster LLC. The first two Extended Stay America hotels opened in August 1995 in Spartanburg, South Carolina and Marietta, Georgia. The com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CraftWorks Restaurants & Breweries
CraftWorks Holdings, Inc. was a multi-brand restaurant operator headquartered in Nashville, Tennessee with an additional Restaurant Support Office (RSO) in Broomfield, Colorado. The company owned several casual dining restaurant chain brands, including Logan's Roadhouse, Old Chicago, Gordon Biersch Brewery Restaurants, and Rock Bottom Restaurants Breweries. As of November 2019, CraftWorks owned and operated over 390 restaurants in the United States, but all of its owned-and-operated locations closed by March 2020, after a Chapter 11 bankruptcy followed immediately by the COVID-19 pandemic in the United States, and CraftWorks and terminated its 18,000 employees, leaving fewer than 25 employed. On June 12, 2020, SPB Hospitality purchased Craftworks businesses out of bankruptcy for $93 million. History In 1976, the first Old Chicago taphouse opened in Boulder, Colorado. The first Gordon Biersch Brewery Restaurant was opened in Palo Alto, California on July 6, 1988. The first Ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge fund solutions, insurance solutions, secondaries and growth equity. As of Q3 2022, the company's total assets under management were approximately US$951 billion, making it the largest alternative investment firm globally. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in seed capital. The founders named their firm "Blackstone," using a cryptogram derived from the names o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ally Financial
Ally Financial is a bank holding company organized in Delaware and headquartered in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets. Ally is one of the largest car finance companies in the U.S., providing car financing and leasing for 4.5 million customers and originating 1.4 million car loans annually. It is on the list of largest banks in the United States by assets and has 2.0 million depositors. Its electronic trading platform has approximately 350,000 funded accounts. The company has sold more than 5 million vehicles, including 270,000 vehicles sold in 2019 via its SmartAuction online marketplace for auto auctions, launched in 2000. The company was known as GMAC, an acronym for General Motors Acceptance Corporation, until 2010. History The company was founded in 1919 by General Motors ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructurin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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